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Attackers are so relentless at innovating new breach techniques that cyber-defenses implemented in 2022 have already weakened, with yet more severe attacks coming in 2024. Most cybersecurity leaders (71%) say their organizations have experienced three or more security incidents in the last year alone.
Ransomware breach attempts fell by 30% last year as attackers pivoted to new attack strategies that are proving more lucrative and less detectable. As attackers out-innovate the current generation of security platforms, total attack activity continues to grow, despite budgets growing too in an uncertain economic climate.
Scale Venture Partners’ (SVP) Cybersecurity Perspectives 2023 report provides insights into the many challenges CISOs face. These include growing attack sophistication, talent shortages, geopolitical tensions and overworked security teams. The report found that CISOs are doubling down on network, IAM and cloud security to better protect against identity-based attacks.
